U.S. Durable Goods Orders Drop 1.3% Amid Continued Slump In Aircraft Demand

New orders for U.S. manufactured durable goods unexpectedly showed another steep drop in the month of May, according to a report released by the Commerce Department on Wednesday. The Commerce Department said durable goods orders slumped by 1.3 percent in May after tumbling by a revised 2.8 percent in April.Original Article